This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

FSB issues statement in support of IFRS 17

  • FSB (Financial Stability Board) (lt green) Image

17 Jul 2017

The Financial Stability Board (FSB) has issued a statement welcoming the IASB's new insurance accounting standard.

The statement is little more than an announcement that IFRS 17 Insurance Contracts is now available but also notes:

Nevertheless, the FSB encourages firms to start the implementation efforts as soon as possible, and to engage in open dialogue with the IASB on the ways in which the standard’s application can generate the most relevant information.

Please click for the statement on the FSB website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.